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Terran Orbital shares excitement for $2.4bn contract for 300 spacecraft for Rivada Space Networks

Terran Orbital shares excitement for $2.4bn contract for 300 spacecraft for Rivada Space Networks

Terran Orbital (NYSE:LLAP) Chairman & CEO Marc Bell joins Natalie Stoberman from the Proactive studios to discuss its recent $2.4 billion contract to build 300 satellites for Rivada Space Networks.

Bell says the contract allows Terran Orbital to design, build, and deploy 288 low-earth orbit satellites, along with the development of 12 “spare” satellites to produce a total of 300 spacecraft. Terran Orbital is a leading manufacturer of satellite products primarily serving the aerospace and defense industries.

Terran Orbital provides end-to-end satellite solutions by combining satellite design, production, launch planning, mission operations, and on-orbit support to meet the needs of the most demanding military, civil, and commercial customers.

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